For the Public
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
Free trade is free trade. I use inverse leveraged funds to help hedge my portfolio. In these volatile markets these are necessary tools to mitigate your personal risk. I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leverage and inverse funds. I completely understand leverage and inverse funds and their risks. Public investments should be available to all of the public not just the privileged.
I oppose restrictions to my right to invest. I already have passed tests to prove my competency. I want the same rights as members of congress. Bureaucrats mandating restrictions has been a proven failure.
I alone know what risk exposure is acceptable for me, not FINRA regulators. I have spent two years fine tuning a strategy that lets me vary my risk exposure using a mix of standard and leveraged funds to take advantage of market behavior. Blocking access to these leveraged funds will wreak havoc on myself and others in my position who have spent the time and energy to create smart and intelligent plans to effectively use these tools. Block access will hurt us badly and for what reason?
I do not believe regulators should be able to choose which investments may be proper for me to invest in. Leveraged investments allow me to achieve the level of returns that I want with only having to risk 1/2 to 1/3 of the amount of money that I normally would. Inverse funds help me hedge against losing gains in other funds. Having a well rounded portfolio is always better than half a strategy. Leaving certain types of investments available only to the privileged doesn't seem like the way to run a free and open market system.
I should be able to choose the investments that I would like to invest in without going through special processes like a test. I am capable of understanding how funds work that are leveraged or inverse funds. These types of funds provide the flexibility to add diversity to my investment strategy. Regulators should not be limiting investment options.
